Investing.com -- EFishery Pte, an Indonesian agritech firm, is in the process of eliminating more than 1,000 jobs, which is roughly 90% of its workforce, Bloomberg reported on Thursday. The ...

(Bloomberg) -- EFishery Pte is eliminating more than 1,000 jobs, or about 90% of the workforce, as the Indonesian agritech company suspected of fraud weighs a potential liquidation. The cuts began ...

EFishery Backers to Weigh Liquidation, Buyout Among Options Troubled startup fighting for its life after fraud allegations Adviser urging investors to decide as soon as this month ...

The company, called eFishery, reportedly told investors including SoftBank that it had revenue of $752 million for the nine months through September of last year when the real amount was actually ...

nionized workers from Bandung-based aquaculture technology start-up PT Multidaya Teknologi Nusantara (eFishery) staged a demonstration on Thursday in the West Java city to protest the company’s ...

ONCE hailed as a visionary in Indonesia’s agritech scene, eFishery co-founder and ex-CEO Gibran Huzaifah now finds himself at the centre of a scandal that promises to go down as one of the most ...

Southeast Asia's startup ecosystem has been braving a multi-year funding drought, and a recent scandal has delivered yet another blow to investor sentiment in the region. Indonesian agritech ...

SINGAPORE, Feb 4 (Reuters) - Indonesian aquaculture tech startup, eFishery, said on Tuesday that it has appointed business advisory firm FTI Consulting to act as its new management following ...

ech startup eFishery has appointed new leaders amid an ongoing investigation into alleged embezzlement by its co-founders Gibran Huzaifah and Chrisna Aditya. Gibran and Chrisna have both stepped ...

EFishery, which deploys feeders to fish and shrimp farmers in Indonesia, was a darling of the nation’s startup scene and scored a valuation of $1.4 billion when G42, an AI firm controlled by ...

Indonesian agritech unicorn eFishery — backed by investors such as SoftBank Group and Temasek Holdings — was among Indonesia's top startups, but a preliminary, ongoing probe suggests that the ...